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‘Baron Münchhausen’? Wirecard’s Markus Braun’s credibility in the dock

Photo: Getty Images

CEO of defunct German payment company is accused of making incorrect and misleading statements to investors.

07 February, 2023 by Olaf Storbeck in Munich

Wirecard CEO Markus Braun had barely managed to reassure shareholders rattled by news of an internal fraud investigation in 2019 when the lawyers leading the probe all but called him a liar.

The chief executive of the then-highflying German payments firm, which months before had